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Vlad [161]
3 years ago
13

As a result of new global competition, companies have had to make a wide variety of high-quality custom-designed products at a v

ery low cost. Something had to change on the production floor to make that possible. Several major developments have made U.S. companies more competitive: (1) computer-aided design and manufacturing, (2) flexible manufacturing, (3) lean manufacturing, and (4) mass customization.
Business
2 answers:
Inga [223]3 years ago
8 0

Answer:

The correct answers are numbers (1), (2), (3), and (4).

Explanation:

U.S. businesses were made more successful by four important factors:

  • Computer-Aided Design and Manufacturing: includes Computer-aided Design (CAD), Computer-aided manufacturing (CAM), and the combination of both techniques in Computer-Integrated Manufacturing.

  • Flexible Manufacturing: multi-tasking machines are designed so the performance is as diverse as possible.

  • Lean manufacturing: use of technology to manufacture with fewer resources for this purpose.

  • Mass customization: customizing and producing goods that meet the needs and desires of customers at the closest possible point.
Rudiy273 years ago
6 0

Answer:

Number 4 is correct. <u>Mass customization.</u>

Explanation:

In this question, the most appropriate alternative is mass customization.

It can be defined as a process where companies produce goods and services for an expanded market, but that such products are modified and personalized to meet the needs and desires of a potential customer.

Mass customization allows the company to produce customized products with the advantage of productive flexibility and low unit costs that come from the mass manufacturing process.

This is a marketing strategy that is used to generate value for the consumer, since the company is able to offer a product with greater added benefits and at the same time maintain low manufacturing costs, which creates value and increases consumer satisfaction.

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Job cost sheets contain entries for actual direct material, actual direct labor, and actual manufacturing overhead cost incurred
adelina 88 [10]

Answer:

True

Explanation:

A cost sheet is a statement that contains all the cost incurred on a cost unit or a cost centre. A  typical cost sheet will accumulate all the direct and indirect material consumed in the production of a product. Also included in the cost sheet is direct labor incurred in the making of a product including allocated overhead. With this, the margin on a product can be observed from a cost sheet.

7 0
3 years ago
Suppose an economy is initially operating at long-run equilibrium when there is an increase in consumer optimism about the econo
sladkih [1.3K]

Answer:

The correct option is Increase and Decrease respectively

Explanation:

6 0
3 years ago
What is secondary product?
vampirchik [111]
A secondary product is a product that comes out of a production process in addition to the main product. A secondary product can be directly consumed, used as an input in another production process, disposed of or recycled. A secondary product can be a by-product, a co- product or a residue.
3 0
3 years ago
A price weighted index is composed of 3 stocks. Stocks A, B, and C are trading for $100, $56 and $32 respectively. The number of
gogolik [260]

Answer:

The total value will not change.

Explanation:

Stock split occurs when a stock is divided into parts. The value of each stock will decline but there will be more stocks and overall value will remains same. If stock A goes through a stock split then the new price per stock will decline but the overall value to the investor will remain same.

7 0
3 years ago
A corporation purchased 1,000 shares of its own $5 par common stock at $10 and subsequently sold 500 of the shares at $20. What
skad [1K]

Answer:

$0

Explanation:

The amount of revenue realized from the sale=

(number of shares purchase × cost) - (number of shares sold ×cost)

(1000×10) - (500×20)

= $(10000 - 10000)

= $0

8 0
3 years ago
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